Is ABM Industries Stock a Good Investment?
ABM Industries Investment Advice | ABM |
- Examine ABM Industries' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research ABM Industries' leadership team and their track record. Good management can help ABM Industries navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Environmental & Facilities Services space and any emerging trends that could impact ABM Industries' business and its evolving consumer preferences.
- Compare ABM Industries' performance and market position to its competitors. Analyze how ABM Industries is positioned in terms of product offerings, innovation, and market share.
- Check if ABM Industries pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about ABM Industries' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in ABM Industries Incorporated stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if ABM Industries Incorporated is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine ABM Industries Stock
Researching ABM Industries' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 94.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.9. Some equities with similar Price to Book (P/B) outperform the market in the long run. ABM Industries last dividend was issued on the 3rd of October 2024. The entity had 2:1 split on the 7th of May 2002.
To determine if ABM Industries is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding ABM Industries' research are outlined below:
| Over 94.0% of the company shares are held by institutions such as insurance companies | |
| On 4th of November 2024 ABM Industries paid $ 0.225 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Empowered Funds LLC Takes Position in ABM Industries Incorporated - MarketBeat |
ABM Industries Quarterly Liabilities And Stockholders Equity |
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ABM Industries uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in ABM Industries Incorporated. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to ABM Industries' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 13th of March 2024 Upcoming Quarterly Report | View | |
| 4th of June 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 11th of December 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 31st of October 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact ABM Industries' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises ABM Industries' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2006-03-29 | 2006-01-31 | 0.07 | 0.08 | 0.01 | 14 | ||
2002-03-12 | 2002-01-31 | 0.18 | 0.16 | -0.02 | 11 | ||
2000-03-13 | 2000-01-31 | 0.16 | 0.14 | -0.02 | 12 | ||
1999-03-05 | 1999-01-31 | 0.14 | 0.16 | 0.02 | 14 | ||
2010-06-02 | 2010-04-30 | 0.26 | 0.23 | -0.03 | 11 | ||
2007-06-05 | 2007-04-30 | 0.24 | 0.27 | 0.03 | 12 | ||
2003-09-09 | 2003-07-31 | 0.24 | 0.21 | -0.03 | 12 | ||
2003-03-11 | 2003-01-31 | 0.11 | 0.08 | -0.03 | 27 |
Know ABM Industries' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as ABM Industries is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ABM Industries Incorporated backward and forwards among themselves. ABM Industries' institutional investor refers to the entity that pools money to purchase ABM Industries' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Amvescap Plc. | 2024-06-30 | 1.1 M | Vulcan Value Partners, Llc | 2024-09-30 | 1 M | Jpmorgan Chase & Co | 2024-06-30 | 1 M | Silvercrest Asset Management Group Llc | 2024-06-30 | 961.7 K | William Blair Investment Management, Llc | 2024-09-30 | 799 K | Northern Trust Corp | 2024-09-30 | 793.8 K | Lsv Asset Management | 2024-09-30 | 790.5 K | Bank Of America Corp | 2024-06-30 | 782.7 K | Norges Bank | 2024-06-30 | 766.5 K | Blackrock Inc | 2024-06-30 | 10 M | Vanguard Group Inc | 2024-09-30 | 8.1 M |
ABM Industries' market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 3.54 B.Market Cap |
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ABM Industries' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.11 | 0.05 | |
| Return On Capital Employed | 0.13 | 0.12 | |
| Return On Assets | 0.06 | 0.05 | |
| Return On Equity | 0.16 | 0.11 |
Determining ABM Industries' profitability involves analyzing its financial statements and using various financial metrics to determine if ABM Industries is a good buy. For example, gross profit margin measures ABM Industries' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of ABM Industries' profitability and make more informed investment decisions.
Evaluate ABM Industries' management efficiency
ABM Industries has Return on Asset of 0.0327 % which means that on every $100 spent on assets, it made $0.0327 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0844 %, implying that it generated $0.0844 on every 100 dollars invested. ABM Industries' management efficiency ratios could be used to measure how well ABM Industries manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of November 2024, Return On Tangible Assets is likely to drop to 0.05. In addition to that, Return On Capital Employed is likely to drop to 0.12. At this time, ABM Industries' Fixed Asset Turnover is very stable compared to the past year. As of the 22nd of November 2024, Asset Turnover is likely to grow to 2.87, though Other Assets are likely to grow to (153.2 M).| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 24.54 | 25.77 | |
| Tangible Book Value Per Share | (17.32) | (16.46) | |
| Enterprise Value Over EBITDA | 7.76 | 6.86 | |
| Price Book Value Ratio | 1.30 | 1.34 | |
| Enterprise Value Multiple | 7.76 | 6.86 | |
| Price Fair Value | 1.30 | 1.34 | |
| Enterprise Value | 948.8 M | 996.3 M |
ABM Industries' management has consistently demonstrated strong leadership, driving both financial growth and operational excellence. By analyzing current market trends and future growth opportunities, we assess the stock's true value and potential for investors.
Dividend Yield 0.0162 | Forward Dividend Yield 0.0162 | Forward Dividend Rate 0.9 | Beta 1.132 |
Basic technical analysis of ABM Stock
As of the 22nd of November, ABM Industries shows the Mean Deviation of 1.25, downside deviation of 2.05, and Coefficient Of Variation of 2580.95. ABM Industries technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices. Please confirm ABM Industries treynor ratio, and the relationship between the variance and potential upside to decide if ABM Industries is priced adequately, providing market reflects its regular price of 56.38 per share. Given that ABM Industries has jensen alpha of (0.06), we suggest you to validate ABM Industries Incorporated's prevailing market performance to make sure the company can sustain itself in the future.ABM Industries' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific ABM Industries insiders, such as employees or executives, is commonly permitted as long as it does not rely on ABM Industries' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases ABM Industries insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Understand ABM Industries' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing ABM Industries' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0354 | |||
| Market Risk Adjusted Performance | 0.0584 | |||
| Mean Deviation | 1.25 | |||
| Semi Deviation | 1.91 | |||
| Downside Deviation | 2.05 | |||
| Coefficient Of Variation | 2580.95 | |||
| Standard Deviation | 1.84 | |||
| Variance | 3.4 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0484 | |||
| Maximum Drawdown | 10.29 | |||
| Value At Risk | (2.11) | |||
| Potential Upside | 2.67 | |||
| Downside Variance | 4.22 | |||
| Semi Variance | 3.63 | |||
| Expected Short fall | (1.24) | |||
| Skewness | (1.14) | |||
| Kurtosis | 7.01 |
| Risk Adjusted Performance | 0.0354 | |||
| Market Risk Adjusted Performance | 0.0584 | |||
| Mean Deviation | 1.25 | |||
| Semi Deviation | 1.91 | |||
| Downside Deviation | 2.05 | |||
| Coefficient Of Variation | 2580.95 | |||
| Standard Deviation | 1.84 | |||
| Variance | 3.4 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0484 | |||
| Maximum Drawdown | 10.29 | |||
| Value At Risk | (2.11) | |||
| Potential Upside | 2.67 | |||
| Downside Variance | 4.22 | |||
| Semi Variance | 3.63 | |||
| Expected Short fall | (1.24) | |||
| Skewness | (1.14) | |||
| Kurtosis | 7.01 |
Consider ABM Industries' intraday indicators
ABM Industries intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ABM Industries stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
ABM Industries Corporate Filings
13A | 18th of October 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 17th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 16th of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 8th of May 2024 Other Reports | ViewVerify |
ABM Stock media impact
Far too much social signal, news, headlines, and media speculation about ABM Industries that are available to investors today. That information is available publicly through ABM media outlets and privately through word of mouth or via ABM internal channels. However, regardless of the origin, that massive amount of ABM data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of ABM Industries news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of ABM Industries relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to ABM Industries' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive ABM Industries alpha.
ABM Industries Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards ABM Industries can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
ABM Industries Historical Investor Sentiment
Investor biases related to ABM Industries' public news can be used to forecast risks associated with an investment in ABM. The trend in average sentiment can be used to explain how an investor holding ABM can time the market purely based on public headlines and social activities around ABM Industries Incorporated. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
ABM Industries' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for ABM Industries and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average ABM Industries news discussions. The higher the estimate score, the more favorable the investor's outlook on ABM Industries.
ABM Industries Corporate Directors
| Donald Colleran | Independent Director | Profile | |
| Linda Chavez | Independent Director | Profile | |
| Winifred Webb | Independent Director | Profile | |
| LeighAnne Baker | Independent Director | Profile |
Already Invested in ABM Industries Incorporated?
The danger of trading ABM Industries Incorporated is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ABM Industries is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ABM Industries. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ABM Industries is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether ABM Industries is a strong investment it is important to analyze ABM Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ABM Industries' future performance. For an informed investment choice regarding ABM Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ABM Industries Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ABM Industries. If investors know ABM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ABM Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.95) | Dividend Share 0.895 | Earnings Share 2.42 | Revenue Per Share 129.802 | Quarterly Revenue Growth 0.033 |
The market value of ABM Industries is measured differently than its book value, which is the value of ABM that is recorded on the company's balance sheet. Investors also form their own opinion of ABM Industries' value that differs from its market value or its book value, called intrinsic value, which is ABM Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ABM Industries' market value can be influenced by many factors that don't directly affect ABM Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between ABM Industries' value and its price, as these two are different measures arrived at by various means. Investors typically determine if ABM Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ABM Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.